Industry Analysis & Industry Trends
To say that the Piece Goods, Notions and Other Apparel Wholesaling industry has declined over the five years to 2013 would be an understatement. Rising import penetration has displaced the downstream demand for buttons, zippers and yard fabric from domestic distributors to international manufacturers. Additionally, wholesale bypass, which is the trend of downstream buyers sourcing directly from manufacturers to cut expenses, has constrained wholesalers' function in the domestic supply chain and eliminated many operators. Although the recovering economy will help the industry somewhat, these adverse trends are anticipated to continue in the coming years... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Piece Goods, Notions and Other Apparel Wholesaling industry is highly fragmented, with a significant proportion of firms being nonemployers (meaning they are owner operated). The industry does not have a single major company, which means that no individual operator accounts for more than 5.0% of total revenue. The main reason for the low industry concentration is the size of the customer markets and the scope of products sold within the industry.
The highly competitive nature of this industry will continue to place pressure on participants to close operations or merge to maintain profitability. Large retailers bypass the wholesale function completely and source directly from manufacturers to keep their purchasing costs low... purchase to read more